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Dealing With Unlicensed Payday Lenders

Date: Tue, 02/03/2009 - 11:21
Submitted by Shazzers on Tue, 02/03/2009 - 11:21
Posts: 17344
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Updated on July 14, 2010: At the bottom of this post is a newer version of a letter template which you may or may not want to use, make sure you use your own words, this is only a sample.

If everyone will just give a link to this thread to the new members who come here for guidance it may be more helpful and less work for the experienced members who are researching information. I wrote this awhile back and am most happy to share it. THANKS!

You are only obligated to pay back the principal amount you borrowed from an unlicensed/illegal Internet Payday Lender.

What should you do?
Close your account asap, if you are unable to close your account, go into your bank and ask to speak with the Branch Manager, tell him/her you need a hard debit block placed on your account immediately! Explain that you are revoking ACH authorizations from unlicensed/illegal companies, and have learned these companies are notorious for ignoring revocation, therefore it is important to BLOCK any withdrawal attempts on your account to protect your interest. This is your privilege, do not accept no for an answer. The following link will provide you important information regarding closing accounts. CLICK HERE
What next?
AFTER your account is secure send each pdl (the unlicensed and illegal) an email similar to THIS (please scroll down to locate letter template). Tailor this letter to your needs, and try to write it with the same basic concept in your own words. You will need to research and locate email addresses/physical addresses if you don't already have them, I suggest that you type the name of the pdl (example: "oneclickcash address") in the search box in the upper right hand corner of this forum. You may also search for addresses HERE at the Better Business Bureau.
File complaints: Most of the time, you can file a complaint online with the following, I encourage you to follow through with doing so, you will need to search the Internet for your state Attorney General's website, however, here are links to file complaints for the FTC, Online complaints: Federal Trade Commission., and the BETTER BUSINESS BUREAU.
Keep in mind that you may not receive a response for days, or even weeks, or, you may receive harassing and threatening phone calls. I have found the best way to deal with this is not to respond or reply, simply hang up.
Side note: If you have paid an illegal/unlicensed payday lender above and beyond the principal amount you borrowed, it might be a good idea to demand a refund and a paid in full letter/receipt. You may or may not get one or both. It still doesn't hurt to include that tidbit in your letter. :)
[QUOTE]
Date:

Name Of PDL

Your Name
City, State
Account #

This letter is to inform you that I am aware of the FACT that the loan you issued to me, is NOT legal or binding in my state. For your convenience, I have included my state payday loan laws below.

(Insert Your State payday loan laws here)

(Insert either (a) OR (b) which ever statements below which applies to you)

(a) The state of (insert your state) prohibits payday loans, therefore, I am bound by the state laws where I reside. As I have no presence in your state or country (only insert one choice, state or country, depending on your situation.), therefore I have no legal obligation to the 'governing laws' you may have detailed.
OR
(b) The state of (insert your state) requires Internet payday lenders to be licensed in MY state. I have already researched this information, your company does NOT have a license to lend in the state of ___________, if I am mistaken I will need proof in the form of a license number so that I may verify it with my Attorney General. I am bound by the state laws where I reside. As I have no presence in your state or country (only insert one choice, state or country, depending on your situation.), therefore I have no legal obligation to the 'governing laws' you may have detailed.


Be advised that as of today (insert todays date) I am revoking ANY and ALL ACH authorizations with your company from debiting any AND all of my personal accounts, per Federal law, Regulation E Section 205.10 Preauthorized transfers. I also revoke ANY and ALL wage assignments I may have signed, by you, including but not limited to; any of your affiliates, dba's, and collection agencies assigned to this account. None of the above no longer have my permission to access my accounts or impose a wage assignment.


I will only communicate to resolve this matter via email. If you ignore this notice and attempt to contact me or any of my references via telephone, you will be ignored and any payments owed will be delayed. I am willing to pay the principle amount of the loan only, however, no address means NO payments, this is not negotiable.

If you do NOT reply to this notice within 48 hours I will be forced to file complaints with my Attorney General (insert name of your attorney general), the BBB and the Federal Trade Commission. If you reply to this notice with any misleading legal implications or menacing course of actions you are unable to follow through with, I will be forced to take actions against you which could cause you to lose your license in the state of (insert the state they are licensed in) < (only use this statement if the illegal lender is licensed to lend in a state other than yours) and cause damage to your reputation, which could potentially decrease your clientele!



Sincerely,

Your Name[/QUOTE]


addendum to the above....I'm not talking about not paying the principle so much as to just leave things where there are when I discovered that they weren't legal, whether I owe them more or less than the principle or whether they owe me


Submitted by on Tue, 02/09/2010 - 00:10

( Posts: 202330 | Credits: )


If you have paid more than the principal amount then they owe you a refund. Not that it always happens but it may worth trying. Moreover, you should ask them to consider the account as paid.

Now, there may be no legal binding for you to repay an illegal lender but paying back the principal amount may be a good thing to do morally since they indeed have helped you with the money when you're in need.


Submitted by SC on Tue, 02/09/2010 - 00:45

SC

( Posts: 3937 | Credits: )


I get the moral argument especially if you feel you need to prove your honorable intentions. But there are some arguments for just stopping transactions cold at whatever point they are at when you discover the contract was void:

1) Lenders are more likely to continue their illegal lending if lendees pay back the principle than if they don't pay at all?
2) If lenders weren't lending illegally people would just borrow from legal lenders.
3) Illegal lenders will continue to harass and threaten borrowers with impunity.


Submitted by on Tue, 02/09/2010 - 16:05

( Posts: 202330 | Credits: )


Quote:

2) If lenders weren't lending illegally people would just borrow from legal lenders.


I don't think that the presence of illegal lenders only stops us from borrowing from legal lenders, rather, we are desperate to the point that we don't shop around for legal lenders and jump at the earliest opportunity available to us.

Quote:
3) Illegal lenders will continue to harass and threaten borrowers with impunity.


Many legal lenders are also famous for the same reason.

Quote:
1) Lenders are more likely to continue their illegal lending if lendees pay back the principle than if they don't pay at all?


They would continue lending anyway. By the time you'd realize that they are illegal, you may have paid way over the borrowed amount in interests and fees alone. And, most of the time we don't realize it till we are hit on the head.


Submitted by SC on Tue, 02/09/2010 - 20:45

SC

( Posts: 3937 | Credits: )


i agree with SC.. also keep in mind that legal lenders are not in every state. where i live, all payday loans are prohibited. but i did not know this. i remember looking for a storefront and after assuming i did not live by any, i went online. by the time i realized they were not legal, i overpaid by far more than i ever took out.


Submitted by bea2ls on Wed, 02/10/2010 - 15:31

bea2ls

( Posts: 3840 | Credits: )


Quote:

Originally Posted by Anonymous
Do any body here know the CMG Group LLC 8665163100 phone number. I borrow $300 on December and still playing it.

The link below contains info about them but no phone number listed, keep checking back though someone else may have it.
http://www.bbb.org/kansas-city/business-reviews/loan-services/cmg-group-in-kansas-city-mo-99148894


Submitted by Shazzers on Thu, 02/18/2010 - 17:29

Shazzers

( Posts: 17344 | Credits: )


Hi, I live in CT. I am going to close out my accounts and send them a letters. Has anyone actually had results with this? Did you still pay your loans off monthly? I am ok with doing that I just really dont want them calling my employer. Did they actually read the letter and not call your employer. would love to hear from people.
Thanks


Submitted by on Thu, 02/18/2010 - 18:37

( Posts: 202330 | Credits: )


I am not sure if these lenders are legal in the State of CT. I checked and it doesnt look like it.

Discount Advances
Qloot

Are the legal? I really need to get out of this, but I am very nervous they are going to call my office and that will not look good. I am thinking of first calling them before doing anything and talking to them? has anyone ever had any luck with that before just closing their account? Any help would be great!


Submitted by on Fri, 02/19/2010 - 06:20

( Posts: 202330 | Credits: )


Quote:

Originally Posted by Anonymous
I am not sure if these lenders are legal in the State of CT. I checked and it doesnt look like it.

Discount Advances
Qloot

Are the legal? I really need to get out of this, but I am very nervous they are going to call my office and that will not look good. I am thinking of first calling them before doing anything and talking to them? has anyone ever had any luck with that before just closing their account? Any help would be great!


no pdl is legal in CT.you only owe the principle.nothing more.these places are nothing but cyber criminals.secure your account before even attempting to communicate with them.if they get the hint of what you are doing they will go in and bleed you dry.


Submitted by paulmergel on Fri, 02/19/2010 - 06:37

paulmergel

( Posts: 15514 | Credits: )


I just spoke to Qloot with the compliance officer. They froze my account and no debits are allowed. He said he will get back to me on the resolution and if in fact it is illegal in the State of CT they will revoke my loan and then he said he will find out if they need to refund me any interest.


Submitted by on Fri, 02/19/2010 - 07:40

( Posts: 202330 | Credits: )


Quote:

Originally Posted by Anonymous
they can go in and debit my account on a day when it wasnt a payday??

These illegal lenders are nothing more than criminals, they act, think and behave like criminals. Your account information will never never be safe again, and worse than that, they will share your information with other illegal lenders, so you really have no other option but to close that account and open a new one at a totally different bank, otherwise you will be forever wondering when they will strike again.


Submitted by Shazzers on Fri, 02/19/2010 - 08:50

Shazzers

( Posts: 17344 | Credits: )


Hello,
Thank God I found this site. I have several payday loans and I closed my account today. The first attempt to draft will happen tomorrow and I'm hoping the closed account will be enough. My bank knows about my situation and is willing to help (after finding the right branch). I can't say I've been this scared before. What should I do first? As far as I can tell, they are all illegal in AZ and I've been rolling them for a while now.
Zip19
500fastcash
United
Eastside Lenders
Integrity


Submitted by on Thu, 02/25/2010 - 19:42

( Posts: 202330 | Credits: )


I live in Florida and had 4 online payday loans out (NOT storefront). I too, have paid back WAY more then I borrowed and come payday, was left with nothing in my account, so I was forced to close my bank account and open a new one. I was going to have the best intentions of contacting these places to make payment arrangements UNTIL I started recieving very threatening voice mails which I have saved. I need to know if any of these PDLs could actually "send me to jail" or if they are even leagl in Florida. And if so, what can they do to me???
1- Idealgelt.com (Borrowed $350/ been paying $90$ biweekly since NOVEMBER.
2- Paychecktoday.com (Borrowed $200/ been paying $60 biweekly since November.
3- OSL (or SSM) (Borrowed $200/ been paying $60 biweekly since November.
And 4- Pack Management (Borrowed $200/ been paying $60 biweekly since November) When I tried to conatct the majority of them they said they were already sent to collections (TWO days after nonpayment and could not give me an 800# to call!!)
However, whichever harrasing agency that WAS calling me (They couldnt give me a name or 800# of the actual loan company, is demanding $1200.00 for penalties/fees!!!!!!
Any information would hopefully put me at ease!!! PLEASE help!


Submitted by on Fri, 03/05/2010 - 14:59

( Posts: 202330 | Credits: )


Quote:

Originally Posted by Shazzers
These illegal lenders are nothing more than criminals, they act, think and behave like criminals. Your account information will never never be safe again, and worse than that, they will share your information with other illegal lenders, so you really have no other option but to close that account and open a new one at a totally different bank, otherwise you will be forever wondering when they will strike again.

Pleas help! What can do in CA with illegal online payday loans companies? I have a lot of them but Integrity Advance, Cash Jar, Eastside Lenders, ACE Cash Services and SGQ, LTD have tried to take more and more even after a D an R letter. The bank says I owe them $4000 in return fees and they aren't being much help. What about companies I have already overpaid and although they stopped taking from my acct. they way over took from me. I know CA payday loan laws but how can I stop this nightmare?


Submitted by 1011capaydayloanhelp on Fri, 03/05/2010 - 17:49

1011capaydayloanhelp

( Posts: | Credits: )


I can't find any legal advice on Cardnial Management in Tennesseee I've paid 90.00 over and over and over. I think I am going to close my checking account b/c they just keep deducting but don't answer my questions on the phone....they said I was fraudlant....I've paid...way too much, and they call me a fraud!???


Submitted by on Tue, 03/16/2010 - 03:37

( Posts: 202330 | Credits: )


Tennessee laws are least customer friendly; it allows the internet lenders to offer loans as long as they are licensed in USA.

Do you have the loan document from Cardinal? It would mention the state's name where they are licensed.


Submitted by on Tue, 03/16/2010 - 04:31

( Posts: 202330 | Credits: )


Hi everyone, this site is AWESOME, what about internet payday loans for alabama, the loan company is not in alabama. So all internet pdl's are illegal? WOW
I am also dealing with a title pawn issue, in alabama, I think theres nothing you can do. Thanks

Oh Yeah, um getting ready to register here also, you all are great


Submitted by on Fri, 03/26/2010 - 13:01

( Posts: 202330 | Credits: )


Quote:

Originally Posted by Anonymous
Hi everyone, this site is AWESOME, what about internet payday loans for alabama, the loan company is not in alabama. So all internet pdl's are illegal? WOW
I am also dealing with a title pawn issue, in alabama, I think theres nothing you can do. Thanks
Oh Yeah, um getting ready to register here also, you all are great

No, not ALL Internet payday lenders would be illegal in your state.


Submitted by Shazzers on Fri, 03/26/2010 - 14:51

Shazzers

( Posts: 17344 | Credits: )


Quote:

Originally Posted by Shazzers
CLICK HERE for the MA payday loan laws. ALL Internet lenders are illegal in the state of MA. Please get your account closed BEFORE you send out ANY letters. Go to your bank and fill out a formal dispute on these illegal debits, tell them you want your funds back asap! Also explain to your bank manager all of these lenders are illegal, print out a copy of the payday loan laws and take it to your bank manager. You would be better off closing that account, now that these lenders have your account number they will debit your account to death! :shock:

hi could you please post the link for payday loans in mass agian, i click the link but the page will not open, i need help sooo bad


Submitted by on Thu, 04/01/2010 - 06:22

( Posts: 202330 | Credits: )


Hi, I just had a loan with VIP loan shop for 400.00. This is my first time I tried the payday loan. I was planning to close my account after the loan was paid and the fee. Im willing to pay the fees. does anyone know how much fees i will be expecting and do they give you an email or something to let us know the current balance once you start paying it off. like A receipt through email or anything?


Submitted by on Fri, 04/02/2010 - 00:10

( Posts: 202330 | Credits: )


I live in New York and apparently pay day loans are illegal here, so basically I am just responsible to pay the principal amount? And if they already deducted more than the principal amount from my checking account, then I would not owe them anymore money?


Submitted by on Sat, 04/03/2010 - 13:28

( Posts: 202330 | Credits: )


Quote:

Originally Posted by Anonymous
Hi, I just had a loan with VIP loan shop for 400.00. This is my first time I tried the payday loan. I was planning to close my account after the loan was paid and the fee. Im willing to pay the fees. does anyone know how much fees i will be expecting and do they give you an email or something to let us know the current balance once you start paying it off. like A receipt through email or anything?

Sorry to tell you this but VIP isn't licensed in most states so you can expect high fees and high interest rates. It depends on the state you reside.


Submitted by Shazzers on Sat, 04/03/2010 - 13:59

Shazzers

( Posts: 17344 | Credits: )


Quote:

Originally Posted by Anonymous
I live in New York and apparently pay day loans are illegal here, so basically I am just responsible to pay the principal amount? And if they already deducted more than the principal amount from my checking account, then I would not owe them anymore money?

That's correct, only the principal amount, if you've overpaid them then you are through with them, however, they won't stop debiting your account so it will be in your best interest to close your account and follow the guidelines at the beginning of this thread.


Submitted by Shazzers on Sat, 04/03/2010 - 14:00

Shazzers

( Posts: 17344 | Credits: )


Shazzer Please Help me. Tomorrow I am going to the bank to see if I can close my account as you stated in an earlier thread. I am going to ask about the bank policy (Wachovia) about what is their policy on ach transactions on closed accounts before I close it. I am going to take letters to each pdl showing that I am revoking authorization for each pdl to debit my account because illegal practices. (of course I will not e-mail a copy of this letter until my account it closed) Please let me know if I am on the right track. Also I dont have the address for the pdl and also I dont know if they are legal or not. I live in the state of Georgia where I just found out through here that pdl is illegal in Georgia. Do you have addresses for these companies. Also I dont know if my job can stop my deposit this week on not. I actually get paid on Friday's (Which I told the pdl) but usually I get it on that Thursday early (Which I did not tell the pdl). Friday is the day that they debit my account . I got in this mess because my mother was dying and when she did die I needed even more money. When they debit my account I will not have enough for rent nor bills and I could end of homeless because of it. Do you think I have enough time. Here are the names of the pdl

Paycheck Today - borrowed 300 paid back 975 paid off the first time
Great Sky Cash- borrowed 300 have not paid back anything (Friday it will debit 90)
Paycheck Today (Yes the same on, Mother die) 300 -paid 90 so far

Please help me I need a reply today.


Submitted by Pensola on Sun, 04/04/2010 - 13:57

Pensola

( Posts: 16 | Credits: )


Quote:

Originally Posted by Pensola
Shazzer Please Help me. Tomorrow I am going to the bank to see if I can close my account as you stated in an earlier thread. I am going to ask about the bank policy (Wachovia) about what is their policy on ach transactions on closed accounts before I close it. I am going to take letters to each pdl showing that I am revoking authorization for each pdl to debit my account because illegal practices. (of course I will not e-mail a copy of this letter until my account it closed) Please let me know if I am on the right track. Also I dont have the address for the pdl and also I dont know if they are legal or not. I live in the state of Georgia where I just found out through here that pdl is illegal in Georgia. Do you have addresses for these companies. Also I dont know if my job can stop my deposit this week on not. I actually get paid on Friday's (Which I told the pdl) but usually I get it on that Thursday early (Which I did not tell the pdl). Friday is the day that they debit my account . I got in this mess because my mother was dying and when she did die I needed even more money. When they debit my account I will not have enough for rent nor bills and I could end of homeless because of it. Do you think I have enough time. Here are the names of the pdl
Paycheck Today - borrowed 300 paid back 975 paid off the first time
Great Sky Cash- borrowed 300 have not paid back anything (Friday it will debit 90)
Paycheck Today (Yes the same on, Mother die) 300 -paid 90 so far
Please help me I need a reply today.

I answered your PM, I might not be back on here until later this evening so I hope your questions have been answered.


Submitted by Shazzers on Sun, 04/04/2010 - 14:37

Shazzers

( Posts: 17344 | Credits: )


Hello,

I have outstanding payday loans with a few companies. I have already closed my older bank account and have opened a new one. But I still need help regarding the state of Texas. I would like to know are these companies illegal or legal:

zip19.com
pdlnow.com
kenwoodservices.com
checkngo.com
speedycash.com
paydayone.com

Thank you so much!


Submitted by on Tue, 04/06/2010 - 21:34

( Posts: 202330 | Credits: )


Since Texas follows the credit service organisation model, some pdls might operate as CSOs which would make them legal in the state even when they are not licensed by the authority. However, the CSOs are required to register with the Office of Secretary of State. Hence, you can confirm their legal status from there.

You can also search the database of licensed CSOs in the following link.

"https://direct.sos.state.tx.us/cso/CSOSearch.asp"


Submitted by SC on Tue, 04/06/2010 - 21:53

SC

( Posts: 3937 | Credits: )


Quote:

Originally Posted by SC
Since Texas follows the credit service organisation model, some pdls might operate as CSOs which would make them legal in the state even when they are not licensed by the authority. However, the CSOs are required to register with the Office of Secretary of State. Hence, you can confirm their legal status from there.
You can also search the database of licensed CSOs in the following link.
"https://direct.sos.state.tx.us/cso/CSOSearch.asp"


Thanks SC. Okay for zip19.com I just looked at the contract and it doesn't mention a CSO and I tried to find them in the link you provided by their corporate name and nothing came up. What does that mean?


Submitted by on Tue, 04/06/2010 - 22:44

( Posts: 202330 | Credits: )


Quote:

Originally Posted by SC
Shaz is right. Zip19 isn't even located in USA and is outright illegal. You can read more about them if you search their name in the site.
http://www.debtconsolidationcare.com/paydayloan/zip19-info.html


I checked out the link and all I can say is O-M-G!!!!!!!!!!!! So now what do I do? You guys Rock!!!!!


Submitted by on Wed, 04/07/2010 - 13:10

( Posts: 202330 | Credits: )


I just wanted to give a HUGE thank you to Shazzers! I faxed one of your example letters to Emerald/Shamrock Marketing yesterday 04/09/10 (see below) and was pleasantly surprised when I received an e-mail back from them stating that my debt was paid in full and to please not take any further action against them. WHOOOO HOOOOO!! I feel like a huge weight has been lifted off my shoulders.

I just wanted to share and say THANK YOU!!!!
[COLOR=black]Date: 04-06-10

Shamrock/Emerald Marketing [/COLOR]
[COLOR=black]Fax#800-496-3079

[/COLOR]
[COLOR=black]Account # [/COLOR][COLOR=black]
[/COLOR]
[COLOR=black]After doing research regarding Internet payday loan laws in the State of Florida, I have found that your Internet payday loans are not licensed in the State of Florida. I have also found the following laws to be true applying to payday loans in the State of Florida in general.

Your State Information

I hereby revoke any and all ACH authorizations with your company from debiting any of my personal accounts, per Federal law, Regulation E Section 205.10 Preauthorized transfers. I have closed my account with the Southernmost Federal Credit Union to protect my interest in this matter, per instructions from the [/COLOR][COLOR=#1e1e1e]Florida Office of Financial Regulation[/COLOR][COLOR=black]. I also revoke any and all wage assignments I may or may not have signed with your company, I no longer authorize you, your company, or your affiliates to attach any part of my wages or contact my employer for your collection purposes. I have notified my employer about this matter so any attempts to do so on your part will be rejected.

I demand that any contact be made through US Postal mail or email only. I will need everything in writing to keep accurate records of all communication as per instruction from my Attorney General's Office. I prohibit you or your affiliates to contact me via telephone at my place of employment or my home telephone number. I also prohibit you from calling my references listed on my loan.

Due to the fact that Internet payday loans must be licensed in the state of Florida to be a legal and binding contract, your company should NOT issue loans to Florida residents at all. I am requesting that you send me your license number which enables you to offer loans to Florida residents.

The legal amount that could have been charged to my loan is the principal amount, even IF your Internet pay day loan were legal anywhere in the U.S.. I am willing to pay the principle amount of the loan only, however, this is only if you provide me with a physical address where I can send payments.

I must also inform you that I will be filing complaints with the Better Business Bureau, the Federal Trade Commission, and the Florida Attorney General's Office.

I expect a response from your company no later than 5 days from the above date regarding this matter. This response may only come via US Postal mail or email. No telephone contact is permitted.

Sincerely,


[/COLOR][COLOR=black] [/COLOR]
[COLOR=black]__________________________
[/COLOR]
[COLOR=black] [/COLOR]
[COLOR=black]CC:
Better Business Bureau
Florida Attorney General
Federal Trade Commission [/COLOR]
[COLOR=#1e1e1e]Florida Office of Financial Regulation[/COLOR]
[COLOR=#1e1e1e][FONT=Verdana][/FONT][/COLOR]
[COLOR=#1e1e1e][FONT=Verdana][/FONT][/COLOR][COLOR=black]___________________________________________________________________________________________[/COLOR]
[COLOR=black]******RESPONSE [/COLOR]
[COLOR=black][FONT=Verdana][FONT=Calibri][SIZE=2][COLOR=black][COLOR=black][FONT=Calibri][/FONT][/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=2][COLOR=black][COLOR=black][FONT=Calibri][/FONT][/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=2][COLOR=black][COLOR=black]Loan# 34581[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=2][COLOR=black][COLOR=black] [/COLOR][/COLOR][/SIZE][/FONT][FONT=Calibri][SIZE=2][COLOR=black][COLOR=black] [/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=2][COLOR=black][COLOR=black][FONT=Calibri][/FONT][/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=2][COLOR=black][COLOR=black]Your loan with SHAMROCK MARKETING is paid in full, please refrain from filing complaints with any third parties. [/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=2][COLOR=black][COLOR=black] [/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=2][COLOR=black][COLOR=black]Thank you,[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=2][COLOR=black][COLOR=black] [/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Arial][SIZE=2][COLOR=navy][COLOR=navy] [/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Arial][SIZE=2][COLOR=green][COLOR=green]Shamrock Marketing Group, LLC[/COLOR][/COLOR][/SIZE][/FONT][FONT=Arial][SIZE=2][COLOR=silver][COLOR=silver] [/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Wingdings][SIZE=1][COLOR=navy][COLOR=navy]([/COLOR][/COLOR][/SIZE][/FONT][FONT=Tahoma][SIZE=1][COLOR=black][COLOR=black]: [/COLOR][/COLOR][/SIZE][/FONT][FONT=Arial][SIZE=1][COLOR=black][COLOR=black]800-370-6250[/COLOR][/COLOR][/SIZE][/FONT][FONT=Tahoma][SIZE=1][COLOR=black][COLOR=black] [/COLOR][/COLOR][/SIZE][/FONT][FONT=Wingdings 2][SIZE=1][COLOR=navy][COLOR=navy]7[/COLOR][/COLOR][/SIZE][/FONT][FONT=Tahoma][SIZE=1][COLOR=black][COLOR=black]: [/COLOR][/COLOR][/SIZE][/FONT][FONT=Arial][SIZE=1][COLOR=black][COLOR=black]888-577-9399[/COLOR][/COLOR][/SIZE][/FONT][FONT=Arial][SIZE=2][COLOR=silver][COLOR=silver][FONT=Arial][/FONT][/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Times New Roman][SIZE=3][COLOR=black][EMAIL="cust.service@shamrock-llc.com"][FONT=Tahoma][SIZE=2][COLOR=#0000ff]cust.service@shamrock-llc.com[/COLOR][/SIZE][/FONT][/EMAIL][/COLOR][/SIZE][/FONT][FONT=Tahoma][SIZE=2][COLOR=black][COLOR=black] [/COLOR][/COLOR][/SIZE][/FONT]

[FONT=Arial][SIZE=1][COLOR=black][COLOR=black] [/COLOR][/COLOR][/SIZE][/FONT][FONT=Arial][SIZE=1][COLOR=black][COLOR=black] [/COLOR][/COLOR][/SIZE][/FONT][FONT=Tahoma][SIZE=1][COLOR=black][COLOR=black][FONT=Tahoma][/FONT][/COLOR][/COLOR][/SIZE][/FONT]

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[COLOR=black] [/COLOR]


Submitted by on Wed, 04/07/2010 - 13:32

( Posts: 202330 | Credits: )


Quote:

Originally Posted by bonvie1
My question is this: What if after we send the letter they still try calling us and our references? What types of repercussions could they suffer as a result of this? I sent my emails out today (as I have already frozen my bank account).

Oh, they WILL call, that's why they're unlicensed/illegal lenders, they didn't follow the law to begin with so don't expect them to now. However, they will threaten and harass you to death, the key is NOT to talk to them, hang up or simply don't answer the call, the more you talk to them, the more they will call, they will tire sooner talking to thin air rather than someone to argue with. All you can do is file complaints and ignore their calls.


Submitted by Shazzers on Thu, 04/08/2010 - 21:22

Shazzers

( Posts: 17344 | Credits: )


[QUOTE=Anonymous;679170]I just wanted to give a HUGE thank you to Shazzers! I faxed one of your example letters to Emerald/Shamrock Marketing yesterday 04/09/10 (see below) and was pleasantly surprised when I received an e-mail back from them stating that my debt was paid in full and to please not take any further action against them. WHOOOO HOOOOO!! I feel like a huge weight has been lifted off my shoulders.
I just wanted to share and say THANK YOU!!!!
[COLOR=black]Date: 04-06-10
Shamrock/Emerald Marketing [/COLOR]
[COLOR=black]Fax#800-496-3079
[/COLOR]
[COLOR=black]Account # [/COLOR][COLOR=black]
[/COLOR]
[COLOR=black]After doing research regarding Internet payday loan laws in the State of Florida, I have found that your Internet payday loans are not licensed in the State of Florida. I have also found the following laws to be true applying to payday loans in the State of Florida in general.
Your State Information
I hereby revoke any and all ACH authorizations with your company from debiting any of my personal accounts, per Federal law, Regulation E Section 205.10 Preauthorized transfers. I have closed my account with the Southernmost Federal Credit Union to protect my interest in this matter, per instructions from the [/COLOR][COLOR=#1e1e1e]Florida Office of Financial Regulation[/COLOR][COLOR=black]. I also revoke any and all wage assignments I may or may not have signed with your company, I no longer authorize you, your company, or your affiliates to attach any part of my wages or contact my employer for your collection purposes. I have notified my employer about this matter so any attempts to do so on your part will be rejected.
I demand that any contact be made through US Postal mail or email only. I will need everything in writing to keep accurate records of all communication as per instruction from my Attorney General's Office. I prohibit you or your affiliates to contact me via telephone at my place of employment or my home telephone number. I also prohibit you from calling my references listed on my loan.
Due to the fact that Internet payday loans must be licensed in the state of Florida to be a legal and binding contract, your company should NOT issue loans to Florida residents at all. I am requesting that you send me your license number which enables you to offer loans to Florida residents.
The legal amount that could have been charged to my loan is the principal amount, even IF your Internet pay day loan were legal anywhere in the U.S.. I am willing to pay the principle amount of the loan only, however, this is only if you provide me with a physical address where I can send payments.
I must also inform you that I will be filing complaints with the Better Business Bureau, the Federal Trade Commission, and the Florida Attorney General's Office.
I expect a response from your company no later than 5 days from the above date regarding this matter. This response may only come via US Postal mail or email. No telephone contact is permitted.
Sincerely,
[/COLOR][COLOR=black] [/COLOR]
[COLOR=black]__________________________
[/COLOR]
[COLOR=black] [/COLOR]
[COLOR=black]CC:
Better Business Bureau
Florida Attorney General
Federal Trade Commission [/COLOR]
[COLOR=#1e1e1e]Florida Office of Financial Regulation[/COLOR]
[COLOR=#1e1e1e][FONT=Verdana][/FONT][/COLOR]
[COLOR=#1e1e1e][FONT=Verdana][/FONT][/COLOR][COLOR=black]___________________________________________________________________________________________[/COLOR]
[COLOR=black]******RESPONSE [/COLOR]
[COLOR=black][FONT=Verdana][FONT=Calibri][SIZE=2][COLOR=black][COLOR=black][FONT=Calibri][/FONT][/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=2][COLOR=black][COLOR=black][FONT=Calibri][/FONT][/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=2][COLOR=black][COLOR=black]Loan# 34581[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=2][COLOR=black][COLOR=black] [/COLOR][/COLOR][/SIZE][/FONT][FONT=Calibri][SIZE=2][COLOR=black][COLOR=black] [/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=2][COLOR=black][COLOR=black][FONT=Calibri][/FONT][/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=2][COLOR=black][COLOR=black]Your loan with SHAMROCK MARKETING is paid in full, please refrain from filing complaints with any third parties. [/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=2][COLOR=black][COLOR=black] [/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=2][COLOR=black][COLOR=black]Thank you,[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=2][COLOR=black][COLOR=black] [/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Arial][SIZE=2][COLOR=navy][COLOR=navy] [/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Arial][SIZE=2][COLOR=green][COLOR=green]Shamrock Marketing Group, LLC[/COLOR][/COLOR][/SIZE][/FONT][FONT=Arial][SIZE=2][COLOR=silver][COLOR=silver] [/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Wingdings][SIZE=1][COLOR=navy][COLOR=navy]([/COLOR][/COLOR][/SIZE][/FONT][FONT=Tahoma][SIZE=1][COLOR=black][COLOR=black]: [/COLOR][/COLOR][/SIZE][/FONT][FONT=Arial][SIZE=1][COLOR=black][COLOR=black]800-370-6250[/COLOR][/COLOR][/SIZE][/FONT][FONT=Tahoma][SIZE=1][COLOR=black][COLOR=black] [/COLOR][/COLOR][/SIZE][/FONT][FONT=Wingdings 2][SIZE=1][COLOR=navy][COLOR=navy]7[/COLOR][/COLOR][/SIZE][/FONT][FONT=Tahoma][SIZE=1][COLOR=black][COLOR=black]: [/COLOR][/COLOR][/SIZE][/FONT][FONT=Arial][SIZE=1][COLOR=black][COLOR=black]888-577-9399[/COLOR][/COLOR][/SIZE][/FONT][FONT=Arial][SIZE=2][COLOR=silver][COLOR=silver][FONT=Arial][/FONT][/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Times New Roman][SIZE=3][COLOR=black][EMAIL="cust.service@shamrock-llc.com"][FONT=Tahoma][SIZE=2][COLOR=#0000ff]cust.service@shamrock-llc.com[/COLOR][/SIZE][/FONT][/EMAIL][/COLOR][/SIZE][/FONT][FONT=Tahoma][SIZE=2][COLOR=black][COLOR=black] [/COLOR][/COLOR][/SIZE][/FONT]

[FONT=Arial][SIZE=1][COLOR=black][COLOR=black] [/COLOR][/COLOR][/SIZE][/FONT][FONT=Arial][SIZE=1][COLOR=black][COLOR=black] [/COLOR][/COLOR][/SIZE][/FONT][FONT=Tahoma][SIZE=1][COLOR=black][COLOR=black][FONT=Tahoma][/FONT][/COLOR][/COLOR][/SIZE][/FONT]

[/FONT][/COLOR]
[COLOR=black] [/COLOR]
[/QUOTE]

OMG! That's just hilarious that they asked you to "PLEASE" refrain from filing complaints, you MUST frame that letter! lol!! I am so happy for you! Hooray!!


Submitted by Shazzers on Thu, 04/08/2010 - 21:25

Shazzers

( Posts: 17344 | Credits: )


Hello again :(

Can one of you tell me what type of letter I need to send to zip19.com so I can end this. I clicked on the link above and I see the address to send the letters to. Now I need the link for the template that I need to send.

Thanks again


Submitted by on Fri, 04/09/2010 - 07:44

( Posts: 202330 | Credits: )


Quote:

Originally Posted by Anonymous
Hello again :(
Can one of you tell me what type of letter I need to send to zip19.com so I can end this. I clicked on the link above and I see the address to send the letters to. Now I need the link for the template that I need to send.
Thanks again

Did you read the first post in this thread, there's a link for a template in the thread. I am actually working on an undated template that I will be posting in my blog, not sure when I will have time but it will be soon.


Submitted by Shazzers on Fri, 04/09/2010 - 09:11

Shazzers

( Posts: 17344 | Credits: )


Did you find any information on this company and why was my post edited by you on yeserday at 2:20pm. Did I out to much information in my post or what did I do I was just asking a question to anyone on here if they knew the answer to my post.


Submitted by on Sat, 04/10/2010 - 16:37

( Posts: 202330 | Credits: )